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Korbank (WAR:KOR) Days Inventory : 295.45 (As of Mar. 2024)


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What is Korbank Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Korbank's Average Total Inventories for the three months ended in Mar. 2024 was zł2.46 Mil. Korbank's Cost of Goods Sold for the three months ended in Mar. 2024 was zł0.76 Mil. Hence, Korbank's Days Inventory for the three months ended in Mar. 2024 was 295.45.

The historical rank and industry rank for Korbank's Days Inventory or its related term are showing as below:

WAR:KOR' s Days Inventory Range Over the Past 10 Years
Min: 62.82   Med: 100.91   Max: 363.42
Current: 363.42

During the past 12 years, Korbank's highest Days Inventory was 363.42. The lowest was 62.82. And the median was 100.91.

WAR:KOR's Days Inventory is ranked worse than
98.64% of 294 companies
in the Telecommunication Services industry
Industry Median: 19.32 vs WAR:KOR: 363.42

Korbank's Days Inventory increased from Dec. 2022 (71.24) to Mar. 2024 (295.45). It might indicate that Korbank's sales slowed down.

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Korbank's Inventory Turnover for the three months ended in Mar. 2024 was 0.31.

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. Korbank's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.25.


Korbank Days Inventory Historical Data

The historical data trend for Korbank's Days Inventory can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Korbank Days Inventory Chart

Korbank Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 77.83 62.82 91.40 106.03 95.78

Korbank Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Mar24
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 71.24 468.57 197.34 379.01 295.45

Competitive Comparison of Korbank's Days Inventory

For the Telecom Services subindustry, Korbank's Days Inventory, along with its competitors' market caps and Days Inventory data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Korbank's Days Inventory Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Korbank's Days Inventory distribution charts can be found below:

* The bar in red indicates where Korbank's Days Inventory falls into.



Korbank Days Inventory Calculation

Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Korbank's Days Inventory for the fiscal year that ended in Dec. 2021 is calculated as

Days Inventory (A: Dec. 2021 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2020 ) + Total Inventories (A: Dec. 2021 )) / count ) / Cost of Goods Sold (A: Dec. 2021 )*Days in Period
=( (0.505 + 0.679) / 2 ) / 2.256*365
=0.592 / 2.256*365
=95.78

Korbank's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

Days Inventory (Q: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (2.505 + 2.423) / 2 ) / 0.761*365 / 4
=2.464 / 0.761*365 / 4
=295.45

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Korbank  (WAR:KOR) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

1. Inventory Turnover measures how fast the company turns over its inventory within a year.

Korbank's Inventory Turnover for the three months ended in Mar. 2024 is calculated as

2. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

Korbank's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.


Korbank Days Inventory Related Terms

Thank you for viewing the detailed overview of Korbank's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


Korbank (WAR:KOR) Business Description

Traded in Other Exchanges
N/A
Address
Ulica Nabycinska 19, Wroclaw, POL, 53-677
Korbank SA is a telecommunication company. The company is engaged in providing services for internet communication. It offers broadband Internet, digital phone and digital cable TV services to individuals and business clients.